Swarm Showcase at platform coop

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Joel Dietz

Swarmbot shown at the Platform Cooperativism showcase.

Economia e finanças

Old industry is governed by experts
Old model:
An “expert” tells you what is good
Examples:
Zagat (food)
Roger and Ebert (movie reviews) 
NY Times review (books)
Subprime lending (banks)
expert at center
user at the edge
Problem:
Experts screw up 
Experts can be bribed
Experts don't represent the “long tail”

In new model no one is in charge
New model:
Collective wisdom is the expert
Examples:
Yelp (food) 
Netﬂix (movies)
Amazon Reviews (books)
P2P Lending, Alibaba (banks)
winners are aggregators
Solution:
 
Solutions are data driven
Cost savings as you remove middlemen
Proﬁt as you engage “long tail”

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